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  • 923 N Mariposa Avenue

923 N Mariposa Avenue, Los Angeles, CA 90029

$5,795,000 Approx. USD 21 beds, 27 baths
9,350 sqft

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Photo of Melissa Ellis

Melissa Ellis Manager 310-963-9826 m
310-829-0629 o
Lic#: 01905986
NRDS ID: 175524822
MelissaEllis@bhhscal.com Text Me
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Lic#: 01905986
NRDS ID: 175524822
MelissaEllis@bhhscal.com Santa Monica Office
3130 Wilshire Blvd, Suite 100
Santa Monica, CA 90403
Phone: 310-829-0629
Fax: 310-829-7541
 Santa Monica 3130 Wilshire Blvd, Suite 100
Santa Monica, CA 90403
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Listing Agent


Kane Kaijun Lim | kane@ogroup.com
Lic#: 02051343
Broker: Courtesy of The Oppenheim Group, Inc.
Phone: 323-770-2783

Co Listing Agent


Jason Oppenheim | jason@ogroup.com
Lic#: 01863254
Broker: Courtesy of The Oppenheim Group, Inc.
Phone: 310-990-6656

Agent Remarks

A rare opportunity to acquire a newly constructed nine unit multifamily property in the heart of Hollywood. The property is comprised of six expansive 3 bed / 4 bath tri-level townhomes and three ADUs, offering projected annual rental income of approximately $403,200 and an over 5% projected cap rate. The property combines strong income potential with the benefits of newer construction and long term rental appeal. Designed with a level of detail rarely found in traditional multifamily construction, the residences offer generous floor plans and elevated finishes throughout. Interiors feature Tundra marble countertops, custom cabinetry, premium kitchen appliances, in unit washers and dryers and individually designed bathrooms with hand selected tile, glass shower enclosures and Calacatta marble vanities. Oversized windows bring in abundant natural light while private balconies and expansive living spaces give the townhomes a more residential feel. The exterior is equally considered with smooth stucco, wood inspired cladding, expansive glazing, architectural lighting and landscaped grounds. Separate utility metering and newer building systems provide additional ease of ownership and help position the property as a compelling long term investment. Ideally located near some of Hollywood's best dining, shopping and entertainment, the property offers a rare combination of scale, design, income and turnkey appeal in one of Los Angeles' most active rental markets.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26869087
Price: $5,795,000
Beds: 21
Baths: 27
Built in 2023
9,350 sqft
0.21 acres
Lot size: 0.2067
County: Los Angeles
Zoning: LARD1.5
Appliances: Dishwasher,Microwave,Refrigerator,Dryer,Washer
Parking description: Driveway,Gated
Heating/cooling: Central Air
Heating description: Central
MLS area: C20 - Hollywood

Last Updated: 8/12/2026

 Days On Market (DOM): 1

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This listing belongs to the C20 - Hollywood MLS area

Lat/Long: 34.086979, -118.299504.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Melissa Ellis

Melissa Ellis Manager 310-963-9826 m
310-829-0629 o
Lic#: 01905986
NRDS ID: 175524822
MelissaEllis@bhhscal.com Text Me
Call My Cell
Call My Office
Lic#: 01905986
NRDS ID: 175524822
MelissaEllis@bhhscal.com
Santa Monica Office
3130 Wilshire Blvd, Suite 100
Santa Monica, CA 90403
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